The six-month chart of Adams Resources & Energy (AE) looks pretty nice:
It also looks a little bit familiar:
Of course, history doesn't necessarily repeat itself, and there are some key differences between the early 2012 gains and the stock's rapid rise in 2013. The 2012 rise came on, essentially, no news; it had a nice gain when 2011 third quarter results were announced, but would go on to more than double before its annual report was released in March 2012. In barely two months, the stock's meteoric rise was essentially wiped out.
This year, the parabolic rise has come after the release of full-year earnings, distributed last...
Only subscribers can access this article, which is part of the PRO research library covering 3,591 different stocks.
Growing numbers of fund managers and other investment professionals subscribe to Seeking Alpha PRO for equity research that is unavailable elsewhere, so they can: